St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-10-06
l, Us Sd per Genital: red Western spring. 6s
2d@6s Sd; do winter, Us 2d@6s Sd. Corn
Demand good.
THIRD NATIONAL BANK,
Cor. Third and Robert SITS.
CAPITAL. 100000.
WALT Err MANN, RICHARD E. SLOWER,
President. Cashier.
FINANCIAL.
New York.

NEW YORK, Oct. 5.-Money on call easy at
500 per cent, last loan 4, clossd offered al
prime mercantile paper 6le@Sl2. Sterling
exchange dull but steady at 81 1854 for 81 day
stock market was dull except for seven or
eight stocks which monopoliZed the greater
part of the dealings and the entire interest in
the speculation. There was feverish and
unsettled market in the forenoon when n
moderate advance was brought about by the
purchases OF London and the shorts. but the
bears resisted the rise with vigor, and later in
the day after ii became known that there had
peen nothing done at the meeting of the di-
rectors of the Western Union, there was q
general effort to realize which depressed
prices to the lowest figures reached. The
operations of the day, however,
show that the market has little
stock for sale at ruling prices and advances
stocks were all influenced by different causes
and Western Union was the foremost in In
terest. In Wall street no doubt exists that
the terms OF the deal between the latter and
the Baltimore d Ohio have been agreed upon,
and that it will be consummated at the an.
nuai meeting of the Western Union stock
holders on the 18th inst st. Paul was the
OBJECT OF contest between the shorts and
Ihe bears, and was very feverish throughout.
Reading and the other coalers were promi-
nent In the decline, but the weakest group
was the Northern Paeifcs on rumorS of a
rupture with the Union Pacific and trouble
over tho oregon lease. The opening was gen.
orally strong at advances over yesterday S
final figures of from 1s to W per cent.
The opening prices were the highest made,
ana the dealings were marked by great fever?
lShneSs, with the coal stocks very weak. The
Northern Pacitics soon passed them, how
ever, While Western Union was remarkably
well held until late in the day. The market
became very dull after noon, the only feature
being the weak spell in the selling of Western
Union. A slight rally was brought about in
the last few minutes, and final figures were Il
shade better than the lowest of the day. The
close was dull and steady. Closing prices are
irregular. but declines are in a majority, and
Northern Pacific preferred lost 2; Oregon
Transcontlnental IA, Delaware d. Hudson
lis and Kansas & Texas l per cent. 1t is
announced that the Wheeling d Lake Erie
has made new and favorable freight con-
tract. Mr.. Gould announces that after the
connection with the Fort Worth Il Denver
the Missouri Pacific viii build NC more lines
Railroad bonds were very dull. Sales S727,-
600. The only special feature was the sharp
recovery in Hooking Valley 6s,. from Gale 70
81. Closing prices are generally lower.
Northwestern new debentures lost to 103.
st. Paul, II. d NJ. division Is rose 3 to 122:
Northwestern coupon gold Is to 1919; Den
yer Il Rio Grande Western lists, 3 to "a
Government bonds, were dull and steady
State bonds were dull and steady
The total sales of stocks to-day were 267 442
shares, including:
D., L. L W.. 9.61OlN. P. pfd...... ses2
Missouri Pac.... $500 Reading. so, 200
Northwestern. ..13, SS5ISt Paul ,665
Northern Pac... 3.567lWest. Union d. TT, $3.50